Reference no: EM132238034
These myths prevent organizations from taking a more proactive approach to retention outreach or becoming involved with retention outreach teams. Each myth is debunked using the experiences and lessons learned from The ten myths addressed in the article are:
The economy is so strong; we don't need a business retention program
They will call us when they need us
Build it and they will come
All businesses are created equal
They need to be in this market anyway, so why bother?
I'm from the government, and I'm here to help you
Taxes are the only issue
No means no!
Business is so good, why do I need you?
Economic development programs are only for business attraction candidates
Discussion Question: Can you think of any other myths associated with business retention and expansion? If so, list and debunk.